<span>
<span>The
gas motor also known as the four stroke internal combustion engine created by
Nickolaus Otto was first used to generate power in a motorcycle and later on
used in vehicles among other machinery. Power is generated from this engine
through a cycle that consists of four steps. A mixture of air and fuel is
introduced into an enclosed combustion chamber, this mixture is compressed
and then ignited (thus causing an explosion)and then resulting exhaust gases
are expelled from the combustion chamber. This reaction generates heat energy
which is then converted into mechanical energy when the piston moves up and
down. This motion is transferred to a crankshaft which powers a flywheel that
maintains the rotary motion.</span></span>
Answer:
Threat of substitute products and services
Explanation:
In simple words, The threat of alternatives or substitutes can be defined as the problem of existence of several other goods from outside a sector that a consumer might buy. An industry's economic framework is challenged as alternative goods are present that offer a similarly similar match of advantages at a reasonable price.
Thus, from the above we can conclude that the given case depicts threat of substitutes.
Answer:
a. $10
b. $8 per unit
c. 44.44%
Explanation:
The computation is shown below:-
First we need to find out the Variable cost and contribution margin
Sales $810,000
(45,000 × 18)
Less: Variable cost $450,000
Contribution margin $360,000
Less: Fixed cost $62,000
Operating income $298,000
a. Variable cost per unit
Variable cost per unit = Total variable cost ÷ Total number of units
= $450,000 ÷ 45,000
= $10
b. . Unit contribution margin
= (Selling price per unit - Variable cost per unit)
= $18 - $10
= $8 per unit
c. Contribution margin ratio
= (Selling price per unit - Variable cost per unit) ÷ Selling price per unit × 100
= ($18 - $10) ÷ $18
= 44.44%
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An opportunity is created by a consumer problem, need, or desire. If a certain company or individual sees all those problems of the consumer or their needs and desire, the company sees it as an opportunity to develop or produce a product that will answer this problems.
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